Yen slides as Europe prepares for rate climbs

Yen

The yen hit a new 20-year low versus the dollar on Wednesday. Brokers anticipated an European Central Bank meeting prone to let Japan be like peers. The ECB meets on Thursday and markets are anticipating that it should lay the foundation for fast rate increases, on the off chance that not start them with a … Read more

Rupee ends firmer against dollar

Rupee

KARACHI: The rupee inched up by one paisa against the dollar on Wednesday, owing to ease in the demand for the foreign currency for import payments, dealers said. The interbank foreign exchange market ended at Rs176.74 against the greenback from the previous day’s closing of Rs176.75. The dealers said the dollar demand eased on Wednesday, … Read more